ALEXANDER FORBES GROUP HOLDINGS LIMITED - Changes to the board and board committee

Changes to the board and board committee

Alexander Forbes Group Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration Number: 2006/025226/06)
JSE Share Code: AFH and ISIN: ZAE000191516
(Alexforbes or the company or group)


CHANGES TO THE BOARD AND BOARD COMMITTEE

In compliance with paragraph 3.59 of the JSE Limited Listings Requirements, shareholders are advised that
Ms Refiloe Nkadimeng has resigned as a non-executive director of the Company, member of the Social,
Ethics and Transformation committee and trustee of the Alexander Forbes Community Trust with effect from
11 August 2025. Mr Trurman Zuma has been appointed as a non-executive director of the Company also
with effect from 11 August 2025.

Mr Zuma holds BComm and PGradDip (Acc) degrees and is a chartered accountant. He spent his career in
various financial services companies like Old Mutual, Standard Bank, Barclays, Absa Group, Momentum
Wealth and Sanlam.

He served as Sanlam Life CEO for recurring savings from 2016 and later led the corporate cluster's integrated
solutions division. After leaving Sanlam in 2021, he acted as a consultant and acquired two fibre network
businesses. In March 2025, he became principal transactor at African Rainbow Capital.

Mr Zuma has served on the boards of listed property companies including Diversified, Capital Property,
Pangbourne, Fortress and Texton over the past 11 years.

The Board thanks Ms Nkadimeng for her contribution and wishes her well for the future and welcomes
Mr Zuma.


Carina Wessels
Chief governance, risk and compliance officer (Group company secretary)

11 August 2025
Sandton

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 11-08-2025 12:40:00
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